Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of… — Alan Greenspan Copy Share Image
We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But… — Alan Greenspan Copy Share Image
The recent period has been marked by a transformation to an economy that is more productive as competitive forces become increasingly intense… — Alan Greenspan Copy Share Image
Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be… — Alan Greenspan Copy Share Image
Capitalism is based on self-interest and self-esteem; it holds integrity and trustworthiness as cardinal virtues and makes them pay off in the… — Alan Greenspan Copy Share Image
There are winners and there are losers. And as much as we would like to help the losers, if we do it… — Alan Greenspan Copy Share Image
If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve,… — Alan Greenspan Copy Share Image
The number one problem in today's generation and economy is the lack of financial literacy. — Alan Greenspan Copy Share Image
In an economy that already has lost some momentum, one must remain alert to the possibility that greater caution and weakening asset… — Alan Greenspan Copy Share Image
The only thing that was economic, I might say, about my music career, aside from the fact that I did everybody's tax… — Alan Greenspan Copy Share Image
While local economies may experience significant price imbalances, a national severe price distortion seems most unlikely in the United States, given its… — Alan Greenspan Copy Share Image
The only way you get economic progress, real standards of living moving higher, is to have the savings of the society continuously… — Alan Greenspan Copy Share Image
Greenspan, who knew so much more than most, knew far less than most supposed ... — Alan Greenspan Copy Share Image
Regulators have not been able to achieve the level of future clarity required to act pre-emptively. The problem is not lack of… — Alan Greenspan Copy Share Image
Given our inevitably incomplete knowledge about key structural aspects of our ever-changing economy and the sometimes asymmetric costs or benefits of particular… — Alan Greenspan Copy Share Image
Every economy exists, no matter what the level of democracy, has elements of crony capitalism. It's - given human nature and given… — Alan Greenspan Copy Share Image
The recent evidence increasingly suggests that an economic expansion is already well under way, although an array of influences unique to this… — Alan Greenspan Copy Share Image
The more flexible an economy, the greater its ability to self-correct in response to inevitable, often unanticipated, disturbances and thus to contain… — Alan Greenspan Copy Share Image
As long as we issue fiat currency, I see no alternative to a legal tender law. — Alan Greenspan Copy Share Image
Given our inevitably incomplete knowledge about key structural aspects of an everchanging economy and the sometimes asymmetric costs or benefits of particular… — Alan Greenspan Copy Share Image
Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours. — Alan Greenspan Copy Share Image
At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock,… — Alan Greenspan Copy Share Image
To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal… — Alan Greenspan Copy Share Image
I've always argued that this country has benefited immensely from the fact that we draw people from all over the world. — Alan Greenspan Copy Share Image
I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It… — Alan Greenspan Copy Share Image
Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove… — Alan Greenspan Copy Share Image
Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage… — Alan Greenspan Copy Share Image
A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority… — Alan Greenspan Copy Share Image
Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the… — Alan Greenspan Copy Share Image
At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in… — Alan Greenspan Copy Share Image
We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy… — Alan Greenspan Copy Share Image
The guiding purpose of the government regulator is to prevent rather than to create something. — Alan Greenspan Copy Share Image
